An example of barter is voluntary work at an old-age home

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Refer to the scenario above. Which of the following is an optimal bid for Molly?

A) $836 B) $750 C) $825.50 D) $700

Economics

Bob invests $25 in an investment that has a 50% chance of being worth $100 and a 50% chance of being worth $0. From this information we can conclude that Bob is

A) risk loving. B) risk neutral. C) risk averse. D) Any one of the three above.

Economics